Vanguard

Vanguard Canada has commenced publication of a quarterly newsletter it’s making available to Canada’s financial advisors. The first edition of Vanguard Insights features a short video of managing director Atul Tiwari plus a link to a long analysis of indexing in Canada originally published last summer. In the video, Tiwari describes the changing financial landscape […]

With interest rates so low, investing in bond funds and fixed-income ETFs is not a casual proposition. Last week, two of the six new ETFs trading on the TSX from Vanguard Canada were bond ETFs: a short-term [VSB/TSX] and longer-term or “aggregate” issue [VAB/TSX]. Rival BlackRock Canada now has 12 fixed income ETFs, including Monday’s […]

On Tuesday, just as a renewed controversy erupted over Canada’s sky-high mutual fund fees, the world’s cost leader in index mutual funds and exchange-traded funds commenced trading of its first six ETFs on the Toronto Stock Exchange

Stock pickers in the U.S. have suffered half a trillion dollars in withdrawals since they started losing ground to index-tracking funds five years ago. Now, active bond-fund managers are beginning to feel the heat.

With more than 200 exchange-traded funds trading on the Toronto Stock Exchange and thousands more on foreign exchanges, putting together the mythical “easy chair” ETF portfolio has become anything but. Until this year, assembling a passively managed ETF portfolio from domestic manufacturers was simple. There were only four firms to choose from. Then, late in […]

Moody’s Investor’s Service predicts the imminent entry of Vanguard into Canada will force leading domestic fund companies to reduce fees: a “win win” for retail investors but “a negative for Canadian asset managers’ profitability.” Moody’s describes the Canadian mutual fund industry as “one of the highest fee mutual fund markets in the world.” With US$1.7 […]

As already reported in today’s Financial Post and online yesterday, indexing giant Vanguard Group has officially launched what it calls its Canadian investment business. I’ve already commented in the article, so here’s the unabridged press release: VANGUARD LAUNCHES CANADIAN INVESTMENT BUSINESS